Buglab: A Unique Way Of Tackling Cybercrime

Buglab: A Unique Way Of Tackling Cybercrime

Cybercrime also called computer crime, the use of a computer as an instrument to further illegal ends, such as committing fraud, trafficking in child pornography and intellectual property, stealing identities or violating privacy. Cybercrime, especially through the internet, has grown in importance as the computer has become central to commerce, entertainment, and government. By the 21st century, hardly a hamlet remained anywhere in the world that had not been touched by cybercrime of one sort or another.

Most cybercrime is an attack on information about individuals, corporations, or governments. Although the attacks do not take place on a physical body, they do take place on the personal or corporate virtual body, which is the set of informational attributes that define people and institutions on the internet. In other words, in the digital age our virtual identities are essential elements of everyday life: we are a bundle of numbers and identifiers in multiple computer databases owned by governments and corporations. Cybercrime highlights the centrality of networked computers in our lives, as well as the fragility of such seemingly solid facts as individual identity.

The current methods of fighting cybercrime

Conventional ways of fighting cybercrime are no longer tenable especially for small scale enterprises. The proffered strategies identified are only affordable to the large organizations.
Penetration tests performed by a cyber security firm has its cost on a high side as the organization is required to pay for such service in terms of total billable hours not factoring what may be the outcome of the result.
There is also the Bug Bounty challenges which is equally disadvantageous to businesses and organizations in that they are required to pay security researchers on a per-vulnerability-uncovered basis.
One may think of bug bounty programs but it’s also not suitable small enterprises chiefly because of the cost involved and the fact that the results gotten most often do not reflect the solution being sought.

Buglab as the needed solution

The organizations that have security needs usually possess some vital information and in this age of digitization, every organization does have security needs. On the other hand, is a group of certified cybersecurity penetration testers. The Buglab serves as an ecosystem bringing together the both parties in a rewarding template. The solution gives options to its users as to either use the mass of pentesters or use a validated team from a known company and those making up the team should not be less than five pentesters. 

Here are some features being contemplated: A public contest which sees that the community is given an invitation to participate, by an enterprise that launched the contest. Apart from that there is a private contest where customers can make their as to the pentesters they want. Selection filters where clients can make a selection as to pentesters, using a variety of filters like country, score, skillset, and a host of others. Also, the Triage system that reports vulnerabilities through a sorting system to avoid duplicates before landing on the user’s dashboard. Other features include a client-managed system, mediation, leaderboard, reports, chat and a fix companion where the Buglab platform ensures the fix has actually been carried out.

Useful Link:           Website | Whitepaper | ANN Thread | Bounty Thread

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